Armenia's monetary base grows 19% in December 2013

31.01.2014 18:22
Armenia's monetary base grows 19% in December 2013

YEREVAN, January 31. /ARKA/. Armenia's monetary base grew 19% in December 2013, compared with the previous month, to AMD 888 billion, the National Statistical Service reports referring to the central bank's figures.

Cash outside the central bank exceeded AMD 446.8 billion in late December after growing 10.1% over the month.

Obligatory reserves in drams totaled over AMD 199 billion and in foreign currencies over AMD 238.8 billion in Decemeber – 9.3% and 54.2% month-on-month growth respectively.

Net international reserves less money from privatization reached AMD 628.4 billion by late December after growing 19.5%, compared with November.

Net internal assets totaled over AMD 259.6 billion – 17.7% month-on-month growth. ($1 – AMD 409.04).—0--


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